7:54 PM,
Jun. 12, 2013

Written by

Jeff Swiatek and Mary Beth Schneider

The Fortune 500 parent company of Indianapolis Power & Light Co. is set to announce a major shift to Indianapolis, relocating about 100 high-level members of its corporate staff and elevating the utility's CEO to head of North American operations.

The moves by global energy giant AES are expected to be announced Friday. IPL spokeswoman Brandi Davis-Handy confirmed a jobs announcement is planned but declined to provide any other details.

IPL CEO Ken Zagzebski is expected to be named head of the Virginia-based parent company's North American operations. Such a move could shift ...